ABSTRACT : The impact of interest rates on investment choices is a key element in both Keynesian and Austrian theories of the business cycle. Fuller (2013) compares the Keynesian Marginal Efficiency of Capital approach to the Austrian Net Present Value approach, claiming that the two give different...

The Journal of Libertarian Studies (1977–2010) was founded by Murray N. Rothbard in 1977 and was the premiere venue for the advancement of liberterianism, anarcho-capitalism, the individualist society, and non-interventionism as the first principle of political theory and practice.